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Professional Client

Professional Client

An investor that is able to meet several regulatory criteria.

An investor that is able to meet several regulatory criteria.

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Leverage

A method of trading using borrowed money that usually involves a very high level of risk.
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Know Your Customer (KYC)

A legal requirement for financial firms to understand exactly who their customers are. Used to prevent money laundering and terrorist financing.
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Base rate

What's the base rate?
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Alpha

The percentage by which an investor outperforms a relevant benchmark.
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Retail Prices Index (RPI)

An index published each month by the Office for National Statistics, which measures the level of retail prices in the UK. Cash flows on all index-linked gilts are linked to the RPI.
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Dirty price

The total price payable on the purchase of a gilt. It’s calculated as the clean price plus accrued interest.
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Spot Rate

The currency exchange rate a bank quotes, valid with immediate effect.
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Venture Capital

A type of financing that investors provide to startups, who sometimes announce getting said financing in TechCrunch, to big fanfare.
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Quick ratio

Learn what quick ratio stands for in financial terms and how to calculate it.
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